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CNBC Daily Open: U.S. CEOs feel more upbeat on economy - TL;DR CNBC

CNBC Daily Open: U.S. CEOs feel more upbeat on economy

Publishing timestamp: 2024-03-07 20:23:12


Summary

Wall Street hit new highs with S&P 500 and Nasdaq reaching record levels. Federal Reserve Chair Jerome Powell hinted at potential rate cuts. Southeast Asia's smartphone market is booming while China's remains weak. Rivian shares spiked after revealing new vehicles and cost savings. Goldman Sachs highlighted stocks with high upside potential. American CEOs are optimistic about the economy. Fed survey showed positive economic outlook with inflation pressures still present.


Sentiment: POSITIVE

Tickers: .N225SAVEMSFTAAPL.DJI.SPXSPGIBTC.CM=RIVN.HSI.IXICMCO

Keywords: apple incbusiness newsjapaneconomic eventsrivian automotive incmarketss&p 500 indexnasdaq compositemicrosoft corpspirit airlines inchang seng indexs&p global incjerome powellbitcoin/usd coin metricsnikkei 225 indexchinapricesworld marketsunited statesmoody's corpdow jones industrial average

Source: https://www.cnbc.com/2024/03/08/cnbc-daily-open-us-ceos-feel-more-upbeat-on-economy.html


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